I have a feeling that production in central Appalachia is going to fall and the demand for coal from other regional mining companies is going to spike. I also think that the spot market price for coal is about to spike.
I think the MEE WV mine is going to be offline for a while. It's one of the largest producers in the area. A langthy mine closure would result in a supply embalance that could cause a temporary shortage. I think I'm gonna do some buying tomorrow. QMIN Thinking of doing some shorting as well. MEE